Photo by Adele Payman on Unsplash Europe’s local and regional leaders have warned that the EU’s long-term sustainable development cannot be achieved without strong and sustainable rural areas and the complete integration of rural communities into the European project. A declaration adopted on 31 October at the European Committee of the Regions’ Bureau meeting in Logroño, Spain, stresses that…
Economy
The Future of Taxation in the EU
Photo by Kelly Sikkema on Unsplash The European Parliament’s committee on economic affairs has voted on several tax files that are of strategic importance for the future of taxation in the EU, including the report on taxation in times of crisis. In this report, MEPs managed to secure two important points – calling on the Commission to look…
Kazakhstan’s Journey from Soviet State to Global Partner
Photo by Travel With on Unsplash The end of each year serves as a poignant reminder of the Soviet Union’s dissolution in 1991. Over the past three decades, many post-Soviet countries have shed their Soviet legacies to emerge as modern and progressive states. A case in point is Kazakhstan, Central Asia’s largest nation. As the country prepares to…
University Students Feel the Pinch
Photo by Dollar Gill on Unsplash New data reveals that more than seven in 10 (71%) university students in the UK in 2023 hold part-time jobs, compared to six in 10 (60%) former students. As a result, students in the UK are managing to save an average of £399 of their annual loan for the future, with more than…
War forces EU Budget Review
Photo by Markus Spiske on Unsplash The Russian War and growing migration issues have forced MEPs to bolster the relevant budgetary areas by €2 billion. On Wednesday, the Budgets Committee of the EU parliament set out its position on the reform of the EU’s long-term budget, emphasizing the urgency to “future-proof the EU budget.” Members endorsed an extra €10 billion for…
Wealth Tax
Photo by Kelly Sikkema on Unsplash The Greens/EFA Group has published a new report highlighting the amounts of tax revenue that, it say, European countries could garner through a small tax on the wealthiest 0.5%. The study,out on Wednesday, finds that even a tax of 1.7-3.5% could bring in as much as €213.3 billion to…
Breakthrough for Central Asian Cooperation
Photo by AXP Photography on Unsplash The Consultative Meeting of the Heads of Central Asian States, held on September 14 in Dushanbe, had literal historical and political significance. It completed the full cycle of Central Asian summits began in 2018 at the initiative of Uzbekistan’s President Shavkat Mirziyoyev and endorsed by the leaders of all countries in the…
Calling UK Citizens Living in Belgium
Photo by Kelly Sikkema on Unsplash A webinar on financial issues facing UK citizens living in Belgium will be held later this month. The online event, from noon to 1.30pm on 21 September, will focus on tax, pensions and social security. It is organised by the “Expat Welcome Desk” of the Brussels Commissioner for Europe and International…
EU Summer 2023 Economic Forecast
Photo by K8 on Unsplash Russia’s ongoing war against Ukraine and wider geopolitical tensions continue to pose risks and remain a source of uncertainty, says the EC. Furthermore, monetary tightening may weigh on economic activity more heavily than expected, but could also lead to a faster decline in inflation that would accelerate the restoration of real incomes. By…
Erasmus, “Citizen of the World”
Photo by Irina Iriser on Unsplash So, finally, the UK Government has stopped dithering and agreed to rejoin the EU Horizon programme. Hailed by researchers as vital to help make the UK a science superpower, it has taken nearly three years for Sunak to negotiate a deal so that he could claim some sort of victory at the…